Paraiso Perdido - Izcuchaca Group
The “Paraíso Perdido- Izcuchaca” group is starting its fourth cycle with seven members who have been working with Edaprospo for 18 months now. One of the group members is Daría who works selling food from place to place in local markets and street fairs. She exclusively sells ‘chicharrones’ (fried pork that’s highly prized in Peru). Daría is 65-years-old and was widowed three years ago. Income from this business is her only income. The requested loan is to buy pork that will be used to make the dish she sells. Her dream is that in time she will be able to open her own restaurant and give good customer service. The entire “Paraíso Perdido- Izcuchaca” group is profoundly grateful for the help people in other countries provide them with. Daría is the lady on the left who speaks in the video.
Una de las socias de este grupo es Daría, que se dedica a la venta de comida de manera ambulatoria en las ferias y mercados de su localidad. Daría vende exclusivamente “Chicharrones” (carne de cerdo frita, muchísimo apreciada en Perú).
Daría tiene 65 años de edad, y como quedó viuda hace 3 años, los ingresos que le genera este negocio son sus únicos ingresos.
El préstamo solicitado es para la compra de carne de cerdo, que será utilizada en la preparación del plato que ella vende.
El sueño que ella tiene es que con el tiempo pueda tener su propio restaurante y darle una buen servicio a sus clientes.
Todo el grupo “Paraíso Perdido – Izcuchaca” está profundamente agradecido por la ayuda que personas de otros países le brindan. Daría es la señora en la izquierda, que habla en el vídeo.
About EDAPROSPOEDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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